Form 4: WEX Inc. Director Susan Sobbott Reports Stock Transaction
SEC Form 4 Filing
Director Susan Sobbott reports the vesting and conversion of Restricted Stock Units (RSUs) into common stock of WEX Inc.
Summary
- On May 9, 2025, Susan Sobbott, a director of WEX Inc., had 960 Restricted Stock Units (RSUs) vest and convert into 960 shares of WEX Inc. common stock.
- The transaction was executed at a price of $0 per share, as the RSUs were part of a compensation plan.
- Following the transaction, Sobbott directly owns 6,314 shares of WEX Inc. common stock.
- Sobbott has granted power of attorney to Sara T.W. Trickett, Andrew Schwarcz, and Matthew Finkelstein to execute and file SEC forms on her behalf.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a routine transaction. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small change in the overall shareholding structure.
Key Dates
| Date | Description |
|---|---|
| 2025-05-06 | Date of Power of Attorney execution. |
| 2025-05-09 | Date of RSU vesting and conversion to common stock. |
| 2025-05-13 | Date of Form 4 signature. |
Keywords
WEX Inc., Susan Sobbott, Director, Form 4, Restricted Stock Units, RSUs, Beneficial Ownership, Power of Attorney, SEC, Transaction
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